1516-18 W Diamond Street Philadelphia, PA $ 1,649,900
1516-18 W Diamond Street
$ 1,649,900
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1516-18 W Diamond Street

Philadelphia, PA, 19121
$ 1,649,900
Bedrooms-- Baths-- Sq 7,884

Monthly Estimate*

$ 10,418

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Commercial Property for sale in Philadelphia, PA

for $1,649,900. This 7,884 square foot building was built in 2013 on a lot size of 0.04.

Exceptional opportunity to acquire 1516 & 1518 Diamond Street as a package in one of North Philadelphias strongest rental corridors, just moments from Temple University. Together, these neighboring properties offer 8 total units with an attractive unit mix of two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units, creating strong appeal for student and off-campus renters seeking larger shared living spaces in a prime location. Positioned in a high-demand area with consistent rental activity, this portfolio offers scale, functionality, and long-term upside for investors looking to expand near Temples campus. The larger bedroom counts and versatile layouts are well-suited for the student housing market, while the properties proximity to Temple University, Broad Street, public transportation, neighborhood dining, and everyday conveniences further enhances tenant demand. Whether youre adding to an existing portfolio or looking to establish a presence in one of Philadelphias most active investment submarkets, 1516 and 1518 Diamond Street present a compelling package opportunity with strong rental appeal, an ideal unit mix, and a location that continues to attract student renters year after year. For investors seeking greater scale, this package may also be purchased together with nearby 1726 Arlington Street, creating a larger 10-unit portfolio opportunity in the heart of Temple University's rental market.

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Commercial Active

Price

$ 1,649,900

Property Type

Commercial

Taxes

$ 10,137

Style

Apartment Building

Lot Size

0.04

Year Built

2013

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2645238

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 31-60 Days CD 61-90 Days CD 0-30 Days CD
Zoning RM1
Construction Materials Masonry
Exclusions Tenant's Personal Effects
Year Built 2013
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name TEMPLE UNIVERSITY
Water Access Y/N N
Status ACTIVE
Directions Located on the South Side of Diamond St between 15th and 16th
City PHILADELPHIA
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1800.00
Tax Annual Amount 10137.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 189
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Boro/Township
Land Assessed Value 144800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Engel & Volkers

Broker

logan.rothman@evrealestate.com

Email

Affordability Calculator

$11,262
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,418
Monthly Property Taxes
$845
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$1,649,900 Listed Price

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1516-18 W Diamond Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $1,649,900 with 7,884 sqft and a lot size of 0.04. 1516-18 W Diamond Street was built in 2013. The property's zip code is 19121 which is in Philadelphia, PA